=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-09-08
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: NIKE, Inc. (NKE)
CIK: 0000320187
--- Reporting Owner ---
Name: Knight Travis A
CIK: 0001646571
Role: Director
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Class B Common Stock
Date: 2026-07-30 | Code: G (Gift)
Shares: -2,850,717 | Price: $0.00
Shares Owned After: 1,954,424 | Ownership: I (Indirect) | Nature: by GRAT
Footnotes:
[F1] This voluntary filing reports a disbursement of 2,850,717 shares that were transferred on July 30, 2026, from a grantor retained annuity trust to the reporting person in satisfaction of the trust's annuity obligation. The reporting person is the sole trustee and sole annuitant of the trust. Such transfer was exempt from Section 16 of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16a-13 thereunder.
[Transaction #2]
Security: Class B Common Stock
Date: 2026-07-30 | Code: G (Gift)
Shares: +2,850,717 | Price: $0.00
Shares Owned After: 2,884,657 | Ownership: D (Direct)
Footnotes:
[F1] This voluntary filing reports a disbursement of 2,850,717 shares that were transferred on July 30, 2026, from a grantor retained annuity trust to the reporting person in satisfaction of the trust's annuity obligation. The reporting person is the sole trustee and sole annuitant of the trust. Such transfer was exempt from Section 16 of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16a-13 thereunder.
[Transaction #3]
Security: Class B Common Stock
Date: 2026-09-08 | Code: A (Grant or award)
Shares: +5,047 | Price: $0.00
Shares Owned After: 2,889,704 | Ownership: D (Direct)
Footnotes:
[F2] Restricted shares granted on 09/08/2026 under the NIKE, Inc. Stock Incentive Plan. The restrictions lapse with respect to 100% of the shares on the earlier of the date of the next annual meeting of shareholders, or the last day of the 12th full calendar month following the date of grant.
--- Holdings ---
[Holding #1]
Security: Class B Common Stock
Ownership: I (Indirect)
Footnotes:
[F3] These shares are owned by Three Strings Investors, L.P. ("Three Strings"). The reporting person owns a 51% limited partnership interest in Three Strings through The Travis A. Knight Revocable Trust u/a/d 12/13/2013, a revocable trust for which the reporting person is the grantor, trustee, and beneficiary. The remaining 49% is owned by The Travis A. Knight 2012 Irrevocable Children's Trust u/a/d 12/13/2012, an irrevocable trust for which the reporting person is grantor and trustee. The reporting person, in his capacity as trustee of both limited partners, also has the right to remove and replace the sole general partner of Three Strings. The reporting person disclaims beneficial ownership of the issuer's common stock held by Three Strings except to the extent of his pecuniary interest therein.
--- Footnotes (Complete Index) ---
F1: This voluntary filing reports a disbursement of 2,850,717 shares that were transferred on July 30, 2026, from a grantor retained annuity trust to the reporting person in satisfaction of the trust's annuity obligation. The reporting person is the sole trustee and sole annuitant of the trust. Such transfer was exempt from Section 16 of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16a-13 thereunder.
F2: Restricted shares granted on 09/08/2026 under the NIKE, Inc. Stock Incentive Plan. The restrictions lapse with respect to 100% of the shares on the earlier of the date of the next annual meeting of shareholders, or the last day of the 12th full calendar month following the date of grant.
F3: These shares are owned by Three Strings Investors, L.P. ("Three Strings"). The reporting person owns a 51% limited partnership interest in Three Strings through The Travis A. Knight Revocable Trust u/a/d 12/13/2013, a revocable trust for which the reporting person is the grantor, trustee, and beneficiary. The remaining 49% is owned by The Travis A. Knight 2012 Irrevocable Children's Trust u/a/d 12/13/2012, an irrevocable trust for which the reporting person is grantor and trustee. The reporting person, in his capacity as trustee of both limited partners, also has the right to remove and replace the sole general partner of Three Strings. The reporting person disclaims beneficial ownership of the issuer's common stock held by Three Strings except to the extent of his pecuniary interest therein.
--- Signature ---
/s/ /s/ Mary I. Hunter, attorney-in-fact for Mr. Knight (2026-09-10)
